It’s terrific to see Dalton Conley, the dean for the social sciences at NYU, write this in the American Prospect:
Inequality — and its consequences — is the wrong target. It’s time for progressives to spend less time trying to prove the effects of inequality on health, growth, and politics and instead start focusing on opportunity for those shut out entirely.
Preach it brother. He even calls inequality “epiphenomenal”! Sweet.
Bruce Bartlett adds some generally agreeable commentary on Conley’s essay. But let me pick on one little piece:
Implicitly, liberals tend to believe the pie is fixed. But, generally speaking, it isn’t. A rising tide does tend to lift all boats even if those at the top get lifted a lot more. But Conley is also right to ridicule the view, common among many conservatives, that enriching the wealthy somehow automatically benefits the poor. That’s obviously nonsense. But neither does it follow that there is no limit to how much we can soak the rich without average people suffering some of the consequences. We really don’t want the rich spending all their time figuring out how to hide their wealth from the tax man or engaging in conspicuous consumption; we’d rather that they invested their wealth in businesses that will increase their wealth but also create jobs and income for the rest of us, too.
For this reason, I have always been more sympathetic to programs that aid the poor than other conservatives. It’s not so much that it’s the right thing to do as that it’s a necessary price that has to be paid to maintain democracy, open markets, private property, a stable currency and a tax system that doesn’t punish success too much. To be sure, there is a heavy price to be paid when social welfare programs go too far. But at the same time I don’t think the social Darwinist, Randian state in which people are left to die if they don’t work is the one that maximizes growth or well-being for the producer class.
I wish Bruce wouldn’t perpetuate caricatures of so-called social Darwinists and Randians, but that’s not my concern here. I want to address the claim that “programs that aid the poor” aren’t so much “the right thing to do” as “a necessary price that has to be paid to maintain democracy, open markets, private property, a stable currency and a tax system that doesn’t punish success too much.” I don’t agree with this.
All the items that Bruce says programs for the poor help buy are immensely valuable parts of the very best kind of actually-existing social order. If programs that aid the poor are a necessary element of that kind of order, it’s worth asking why they are. Here’s one idea I favor. The failure to have such programs violates a widely-shared sense of fairness, reciprocity, mutuality, solidarity, or what have you. That violation endangers many peoples’ sense of the larger system’s legitimacy. That, in turn, threatens the larger system’s peaceful stability — that is, threatens to disqualify it from counting as an order at all. If poorer people were just holding richer people hostage (“Nice system of private property and open markets you have here. Would hate to see something happen to it.”), it would seem right to see the ransom as a “price” to pay for all these other great liberal goods. But I don’t think this is the best way to think of it. One could likewise see relatively low tax rates as the “price” the less wealthy have to pay to guarantee access to jobs and the many other goods of innovation and wealth creation. But that’s not the best way to think of it either. I think it’s better to evaluate socio-economic systems holistically and say that, since they are both elements of the best feasible scheme of institutions, aid to the poor and relatively low tax rates are both demands of justice — “the right thing to do.”